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Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
And that’s even before any additional tariff increases. In the last six months average lumber prices have ranged from $475 to $625 per thousand board feet, about one-third the peak in 2021.
Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
And it’s not just lumber at risk for tariffs: 71% of the imported $456 million of lime and gypsum (which are used for drywall) came from Mexico in 2023, according to the National Association of ...
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Typical dimensions of today's "two by four" is 1.5 by 3.5 inches (38 mm × 89 mm) dimensional lumber prior to sanding and are typically placed 16 inches (406 mm) from each other's center, but sometimes also at 12 inches (305 mm) or 24 inches (610 mm).
The early 2000s proved to be successful for 84 Lumber. In 2002, the company hit record sales and in 2004, they opened 18 new stores. [1] In 2008, however, 84 Lumber’s profits plummeted when the housing market crashed and brought the building supplies market down with it.
"Solid increases in energy and food prices at the end of 2024 underpin our forecast of a 0.4% monthly gain in the Consumer Price Index in December. If realized, the annual rate of inflation will ...
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